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Hi again. I posted earlier this month about a tenant that was unhappy with the length of time a bathroom repair was taking and made mention of not paying the rent. Now, fast forward, yesterday the renovations were com...
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I love maxing out our tax-advantaged accounts (my 401k at work and Roth IRAs for my wife and myself). Usually we have a few thousand dollars each year to invest after we max out these accounts (and it usually just go...
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I am a tenant living in Chicago. I lived in an owner-occupied building with 2 total units. I moved out March 30, 2024 and just recently received a letter from the landlord (54 days later) with deductions and reasons...
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Hello Everyone,2 Questions: Cap rates I live in Bradenton,Sarasota fl I have looked at a number of propertys a few in very good locations and cash flowing Problem I'm haveing is
these propertys are capping out at anyw...
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I live in Dallas and have a neighbor who is looking to sell a house that he owns in San Antonio. Pretty sure he owns it outright and he said that if his renter doesn't buy it from him he'd take $125k for it. I imagine...
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One of our Section 8 tenants just informed us that he may end up in an extended stay in a wheelchair. It is a 1st floor 2 bedroom apartment and he has a live in girl (on the lease). They have been tenants of the buil...
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I am having problems qualifying for mortgages and HELOCS. Everyone says my DTI is too high. I currently carry about 11k in mortgages and they are all covered with rents plus cash flow of about15%(this includes my prim...
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The tenant asked if he could paint the backyard patio and driveway (we have a rear entrance for cars from the alley). I said yes, and he mentioned that he would deduct the cost from the rent. I replied, asking him to ...
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Not sure if this is the most appropriate forum but...I have a rental with a low return on equity that I need to sell. The buyer will most likely be an owner-occupant, as the numbers don't really make sense as a rental...
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How do lenders choose the appraisers? I was told that lenders cannot simply pick whoever they want to now. This was different pre 2008. Could some mortgage lenders out there weigh in on this process?